CoinDCX's CEO Sumit Gupta has dismissed rumors of a potential acquisition by Coinbase, emphasizing the company's commitment to India's crypto market. A report suggested that Coinbase might acquire CoinDCX for under $1 billion, reflecting a significant decrease from its 2021 valuation of $2.2 billion. CoinDCX recently dealt with a security breach but confirmed that assets remained safe.

Fireblocks has acquired Dynamic, a company specializing in blockchain security and compliance solutions. This acquisition aims to enhance Fireblocks' offerings in the cryptocurrency space by integrating Dynamic's technology and expertise.

Coinbase has announced its acquisition of Deribit, the largest trading platform for bitcoin and ether options, in a deal valued at approximately $2.9 billion. This strategic move enhances Coinbase's position in the cryptocurrency market as it seeks to expand its offerings and capabilities.

Robinhood has completed its acquisition of Bitstamp, a global cryptocurrency exchange, enhancing its crypto offerings and expanding its reach into international markets. This strategic move allows Robinhood to introduce its first institutional crypto business while leveraging Bitstamp's established reputation and customer base across multiple regions.

Robinhood is set to purchase Canadian cryptocurrency company WonderFi for approximately C$250 million ($178.98 million), aiming to expand its international presence. The acquisition values WonderFi at a 41% premium over its recent stock price, despite its year-to-date decline on the Toronto exchange.